Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2017 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (1) TMI 373 - AT - Central ExciseCENVAT credit - retention of part of invoice as performance guarantee - denial of credit on amount of money retained - Held that: - the very same issue was the subject matter of clarification by the Board vide Circular dated 30.04.2010. In para 5(b), the situation as per the present case was also covered. It was clarified that in case of any amount retained or discounted after the invoices were issued, the credit need not be changed and full credit of service tax paid to the service provider will be eligible for credit. It is clarified that the invoice would infact stand amended to that extent - appeal allowed - decided in favor of appellant.
|